And in the euro area, where wholesale Energy Prices feed through more directly to Consumer Prices. Where there is more uncertainty is around the time it will take the other non Energy Components of the Consumer Price of Consumer Price inflation to come down as well. Price inflation for food and Non Alcoholic beverages has been very high, but it does appear to have peaked. And as you can see in this chart, there are signs in the monthly figures that it has started to ease. And evidence collected by the banks Regional Agents suggests that a moderation in food inport prices is being passed through the supply chain to Consumer Prices. So we do expect that food Price Inflation will come down gradually over the rest of this year. The Shadow Chancellor has said the Interest Rate rise weve seen today is another hammer blow to families who are seeing their mortgages increase. Rachel reeves said that the government needs to force the banks and lenders to do more to Mortgage Holders help includin
Wales and South West England probably seen fewer showers this afternoon and probably more sunshine. A few light showers coming and going in Northern Ireland and frequent showers in northern scotland today. A cool day, temperatures below par for the time of year. Showers keep going tonight across North East Scotland and england with temperatures between 11 and 14. Tomorrow we do it all again. Another showery day. Most starting on a dry note with sunshine and showers getting going in the afternoon. They will favour Eastern England because here we have a Convergence Zone with wind being bashed together and the showers are most likely to form. Away from that you have a decent chance of dryness tomorrow afternoon with sunshine coming through. Temperatures between the high teens and low 20s. However, we have more rain in the forecast and those totals are mounting up, particularly as we get into saturday. We are only three days into the new month and parts of Southern England have already had
fights to prevent its collapse. ministers are drawing up contingency plans while the supplier looks to secure extra funding amid debts running into billions of pounds. celia hatton has more. the future of the uk s biggest water company is far from watertight. but the government is reassuring thames water s 15 million customers they won t lose access to water as work continues behind the scenes to try to rescue it from collapse. thames water is £14 billion in debt and in crisis mode after the surprise resignation of its ceo on tuesday. no clear reason has been given for sarah bentley s departure. ministers are considering a plan to bring the utility giant temporarily under public ownership if it can t sort out its debts. we need to make sure that thames water as an entity survives. there s a lot of work that the government is trying to do on resolving sewage. certainly, up until now, the regulator has been focused on keeping consumer bills down, but there s a lot of infrastru
pressure as well. the main problem is that the company has nearly £14 billion of debt, so it has a substantial interest bill to pay every year. that interest bill is currently going up because interest rates are going up. some interest rate payments are related to inflation, which is very high. at the same time, it s having to spend over £1 billion a year in infrastructure, water mains, stopping leakage and there s a regulatory review coming up in a few years which may mean it will have to invest even more. thames water needs to raise money from somewhere but if it can t get it, the government is looking at options. we need to make sure thames water as an entity survives. there s a lot of work the government is doing on resolving sewage. up until now, the regulator has been focused on keeping consumer bills down but there is a lot of infrastructure work that needs to take place and we need that entity to survive. in a statement, thames water says it s working constructively
the missile also damage nearby apartment buildings and shops. among the dead were two 14 year old twins yulia and anna aksenchenko. president zelensky said the attack showed russia deserved defeat. arnaud de decker is a journalist who was at the restaurant just before it was hit. he described what he saw. i was in the lounge eating a pizza and drinking a nonalcoholic beer. i paid and left and ten minutes later, i heard a very loud explosion, first one and then moments later a second one, and i immediately understood it was the lounge that was hit. i went to the place and it was an absolute disaster. the restaurant was totally gone, people wounded in the street and rescue workers were trying to help the people from underneath the rubble. it was absolutely a disaster. that was a journalist describing what he saw at the restaurant. our correspondent andrew harding has the latest from the scene in kramatorsk. i m in the centre of kramatorsk where the missiles hit and the bl